E.ON is one of the ‘Big Six’ energy suppliers in the UK. It’s hugely popular with a staggering 4.3 million customers across the country. But that pales in comparison to their global reach. E.ON operates over 30 countries, serving 33 million customers, making them one of the biggest suppliers of home and business energy in the world.
Starting life in 1901 as Clyde Valley Electrical Power Company, they later became South of Scotland Electricity Board (SSEB). Their long history has put them in good stead to go on to become one of the UK’s major energy providers, leading the charge in developing wind power across the UK and investing heavily in renewable energy solutions.
E.ON has recently moved all its customers onto 100% renewable energy electricity, showcasing their dedication to move to a more sustainable solution for their customers.
Ownership
E.ON is owned by German company E.ON SE, one of the largest energy companies in the world. A member of the DAX Stock Index, which makes up the most significant German companies, E.ON acquired the formerly government-owned Powergen in the UK, and now also owns a controlling majority in Innogy, the parent company of nPower, strengthening its position as a giant in the energy sector.
Location
E.on's postal address is listed as:
E.ON
Trinity House
2 Burton Street
Nottingham
NG1 4BX
If you choose to switch through Love Energy Savings, one of our representatives will contact E.ON's team on your behalf, saving you the hassle of back and forth communications. That way, you get the energy tariff you want with minimal fuss.
E.ON prices and tariffs
Business Tariffs
E.ON business customers can choose from a range of fixed-rate tariffs for between one and three years. Much like the customer side, there’s a discount for paying by monthly direct debit of 7% discount, or 5% if you pay every quarter.
E.ON currently serves over 500,000 business energy customers, which looks set to rise as they absorb all of the nPower business energy accounts.
Residential Tariffs
E.ON offers customers a range of options to suit their circumstances, some requiring smart meter installation whilst others offering no exit fees. It’s best to check what you’ll need before signing up to make sure the tariff type meets all your needs.
Fixed Tariffs
You’ll know where you stand with these fixed tariffs as you’ll lock in your energy rates for the duration of the contract.
It’s worth noting that you won’t be able to take advantage of any drops in market prices, but you will also be protected against any rise in energy prices too.
- Fix Online v35 - £60 exit fee (£30 electricity, £30 gas). 12-month tariff. Direct Debit discount. Free smart meter installation. Online account management. Payment by fixed monthly Direct Debit.
- Fix & Boiler Cover v28 - 60 exit fee (£30 electricity, £30 gas). 12-month tariff. Agree to have smart meters installed. Direct Debit discount. Option to take out boiler cover. Payment by fixed monthly Direct Debit.
- Fix 2 Year v4 - 24-month tariff. Agree to have smart meters installed. Direct Debit discount. No exit fee.
- Fix and Drive v7 - £60 exit fee (£30 electricity, £30 gas). 24-month tariff. 850 EV miles reward. Agree to have smart meters installed. Direct Debit discount. EV ownership. Payment by fixed monthly Direct Debit.
Pay As You Go Tariff
A pay-as-you-go tariff is an advance payment that allows you to top up using the app or website or via Post Office vouchers.
- EnergyPlan with Smart Pay As You Go - No contract end date. No exit fee. Prices are not fixed.
Prepayment Tariff
This tariff allows you to pay for your energy in advance so you can keep full track of your spending and top up as and when required.
- E.ON EnergyPlan with Prepayment - No contract end date. No exit fee. Prices are not fixed.
Variable Tariffs
E.ON’s variable tariffs allow you to take full advantage of any rises or falls in market prices.
- E.ON EnergyPlan - Direct Debit Discount. No exit fee. No contract end date. Prices are not fixed.
- E.ON EnergyPlan Assist - Requires a credit meter. No exit fee. No contract end date. Prices are not fixed.
Supply source
Take a look at how E.ON generates its electricity, broken down by fuel source. They source electricity from a range of renewable sources.
- Coal — 7.3%
- Gas — 49.5%
- Nuclear — 14.9%
- Renewable — 25.2%
- Other — 3.1%
Compare these statistics to the typical fuel mix from UK suppliers in our wholesale energy guide.
Financial Performance
The latest financial figures for E.ON are from End of Year 2018. They are as follows:
| Metric | Total (EUR in millions) | Year on Year Change |
|---|---|---|
| Sales | €30,253 | -20% |
| Adjusted EBITDA | €4,840 | -2% |
| Adjusted EBIT | €2,989 | -3% |
| Adjusted net income | €1,505 | +5% |
| Investments | €3,523 | +6% |
| Employees (at year-end) | 43,302 | +1% |
Awards
E.ON has won many awards over the years, but their most recent awards have seen them recognised by their customers and by their employees by being awarded:
- uSwitch Easiest to Switch - Best Large Supplier in 2019
- Inclusive Top 50 UK Employers 2017, 2018, 2019
Cancellation policy
E.ON allows you to switch at any point during your contract but it may be subject to exit fees. Any credit will be refunded once your final bill is calculated, which is around 6 weeks after your switch.
E.on may object to the switch going ahead if you have an outstanding balance on your account so make sure you’ve got the funds to clear it before attempting a switch.
Green performance
E.ON provides all of its customers’ homes with 100% renewable electricity, giving them some serious green credentials. These sources include wind, biomass and solar, all backed by a renewable certificate to ensure all their energy comes from sustainable sources.
Understanding your E.ON Energy bill
Your statements and bills can be viewed in your YourEnergyApp, but you’ll be emailed when your bill is ready.
Your online or paper bill will tell you:
- Name of your supplier
- Date of Bill
- Account Number.
- Your Energy Plan
- Discounts and Rewards
- Please pay now
- Meter readings
- Payment slip
- Your bill total – how we worked it out
- Tracking your energy usage:
- MPAN number
- MPRN Number
- Your Key Facts
- Your key facts – Your Plan
You can learn more about what you can expect on your energy bills here.
How to switch to E.ON
Love Energy Savings can handle a switch to E.ON for you, whether you're switching from an old E.ON tariff or from a different provider altogether. We’ll get everything sorted for you by liaising with your current provider and the E.ON team.
Enter your details here to generate a quote for your home and then simply choose the tariffs that's right for you.